Intchains Group Limited (NASDAQ:ICG – Get Free Report) shares traded down 8.1% during mid-day trading on Thursday . The stock traded as low as $8.50 and last traded at $8.87. 12,661 shares were traded during trading, an increase of 229% from the average session volume of 3,846 shares. The stock had previously closed at $9.65.
Intchains Group Trading Down 3.4 %
The firm’s 50 day simple moving average is $8.91 and its 200-day simple moving average is $9.46.
Intchains Group (NASDAQ:ICG – Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported $0.02 earnings per share (EPS) for the quarter. Intchains Group had a negative net margin of 31.11% and a negative return on equity of 2.70%. The company had revenue of $4.99 million for the quarter.
Intchains Group Company Profile
Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.
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